Not that he is relying merely on retail to
fuel growth. With Reliance Petroleum, Mukesh has demolished this myth about his relative weakness in the arcane area of finance. The new refinery at Jamnagar will be the cheapest green field refinery in the world and the second largest. The new refinery, along with the Godavari gas, promises to generate another Rs.500 billion in revenues every year, by 2010. The third prong of his growth strategy is the slew of SEZs that Mukesh is launching across the country. The SEZs will not merely take advantage of liberal tax breaks to generate huge amounts of cash flow. They will also be Mukesh’s way of controlling valuable real estate across the country in clusters that are close to urban agglomerations. Can Wal-Mart ever hope to match up to this? If things pan out as planned, Mukesh could well be controlling a global business empire that generates more than $70 billion in revenue every year. Can Anil match that?
For Complete IIPM Article, Click on IIPM Article
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
rising 6-7 degrees! Well, it almost seems imminent, given the Amazons continuous depletion at the current rate. Encompassing 9 nations and accounting for more than half of earth’s remaining rainforests, situated in South America, the Amazons have a big say in the ecosystem of the entire planet, providing 1/5th of the world’s oxygen supply. Shockingly, it has been observed that between 1991 and 2000, an area twice the size of Portugal was cleared in the Amazon. In 2003 and 2004 alone, an area the size of Wales was cut down, all so that soy plantations can come up. Why soy? Soy exports to Uncle Sam’s country for manufacturers of ice cream, margarines, mayonnaise, and lipsticks bring in much revered US dollars. A classic case of ‘feeding the economy’ versus ‘conserving natural habitat’, the winner gets to decide our future!
have moved from controversial to conventional, and economists expect the world to lose a mammoth 2.6% in terms of GDP this year due to extreme weather events (in fact, the loss in regional GDP will be a killingly massive 6% for the developing and South Asian nations by 2100 – see B&E issue dated February 22, 2007), the question that surfaces is how deep, financially, will the cut be in the global corporate world? Digest this! The most famous and recent survey conducted on S&P 500 companies by US based Ceres, the leading coalition of environmentalists and institutional investors, found out that only a quarter of the respondents posses measurable emissions reduction targets and have decided specific time frames to accomplish the same.
are terms like ‘pollution’, ‘greenhouse effect’ & ‘global warming’. Meanwhile, the developed world, alarmed by consequences of its actions, is groping for concrete, practicable solutions. Is it all in vain? Are alternative fuels nothing beyond political rhetoric & piece meal measures? B&E presents a green world view...
inspire and not just awe, geometries that evoke a sense of responsibility ,angles that display an optimistic face of the state of affairs. These buildings are more than just brick and mortar and detail yet another facet of human imagination, which when laden with a sense of responsibility, can create tangible magnificence. We present constructions, that have truly attempted at building a better tomorrow...